Property Valuation
An appraiser conducting a drive-by (exterior-only) appraisal for a Vermont property provides what level of inspection?
AFull interior and exterior inspection
BA limited inspection of the exterior only, which may miss significant interior defects✓ Correct
CNo inspection at all
DAn inspection equivalent to a home inspector's report
Explanation
A drive-by (exterior-only) appraisal does not include an interior inspection. While lower cost, it may miss significant value-affecting interior conditions. Vermont lenders typically require interior inspections for most purchase and refinance appraisals, with drive-bys used primarily for certain refinances.
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